PIZZA FOR BREAKFAST: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PIZZA FOR BREAKFAST
Largest movements
- Cash -€10,811
down €10,811 (-96.6%), from €11,190 to €379
mainly Net result for the year (-€24,340) and Accrued charges and deferred income (-€3,338)
- Receivables within one year -€5,995
down €5,995 (-87.1%), from €6,882 to €887
of which Trade receivables: -€5,889
- Formation expenses -€2,277
down €2,277 (-100%), from €2,277 to €0
- Tangible fixed assets -€1,432
down €1,432 (-34.4%), from €4,166 to €2,735
- Profit (loss) carried forward -€24,340
new in 2025: -€24,340
- Other debts +€6,735
up €6,735 (+43.9%), from €15,344 to €22,079
- Accrued charges and deferred income -€3,338
down €3,338 (-90.2%), from €3,700 to €362
- Tax, wage and social debts +€645
up €645 (+208%), from €310 to €955
- Gross operating margin -€22,287
down €22,287, from €2,520 to -€19,767
- Depreciation +€2,446
up €2,446 (+194%), from €1,263 to €3,709
- Other operating charges -€522
down €522 (-63.9%), from €817 to €295
- Financial charges +€436
up €436 (+2,052%), from €21 to €457
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,697 | €4,215 | -€20,482 | -82.9% |
| Formation expenses | 20 | €2,277 | €0 | -€2,277 | -100% |
| Fixed assets | 21/28 | €4,166 | €2,735 | -€1,432 | -34.4% |
| Tangible fixed assets | 22/27 | €4,166 | €2,735 | -€1,432 | -34.4% |
| Furniture and vehicles | 24 | €4,166 | €2,735 | -€1,432 | -34.4% |
| Current assets | 29/58 | €18,254 | €1,481 | -€16,773 | -91.9% |
| Amounts receivable within one year | 40/41 | €6,882 | €887 | -€5,995 | -87.1% |
| Trade receivables | 40 | €6,776 | €887 | -€5,889 | -86.9% |
| Other amounts receivable | 41 | €106 | €0 | -€106 | -100% |
| Cash at bank and in hand | 54/58 | €11,190 | €379 | -€10,811 | -96.6% |
| Deferred charges and accrued income | 490/1 | €183 | €215 | +€32 | +17.7% |
| Total equity and liabilities | 10/49 | €24,697 | €4,215 | -€20,482 | -82.9% |
| Equity | 10/15 | €5,108 | -€19,232 | -€24,340 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €108 | €108 | = | 0.0% |
| Distributable reserves | 133 | €108 | €108 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€24,340 | -€24,340 | |
| Amounts payable | 17/49 | €19,589 | €23,447 | +€3,858 | +19.7% |
| Amounts payable within one year | 42/48 | €15,889 | €23,085 | +€7,196 | +45.3% |
| Trade debts | 44 | €235 | €51 | -€184 | -78.3% |
| Suppliers | 440/4 | €235 | €51 | -€184 | -78.3% |
| Taxes, remuneration and social security | 45 | €310 | €955 | +€645 | +208% |
| Taxes | 450/3 | €310 | €955 | +€645 | +208% |
| Other amounts payable | 47/48 | €15,344 | €22,079 | +€6,735 | +43.9% |
| Accrued charges and deferred income | 492/3 | €3,700 | €362 | -€3,338 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,263 | €3,709 | +€2,446 | +194% |
| Other operating charges | 640/8 | €817 | €295 | -€522 | -63.9% |
| Gross operating margin | 9900 | €2,520 | -€19,767 | -€22,287 | |
| Operating profit (loss) | 9901 | €440 | -€23,770 | -€24,210 | |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €21 | €457 | +€436 | +2,052% |
| Recurring financial charges | 65 | €21 | €457 | +€436 | +2,052% |
| Profit (loss) for the period before taxes | 9903 | €419 | -€24,208 | -€24,627 | |
| Income taxes | 67/77 | €310 | €132 | -€178 | -57.5% |
| Profit (loss) for the period | 9904 | €108 | -€24,340 | -€24,448 | |
| Profit (loss) for the period to be appropriated | 9905 | €108 | -€24,340 | -€24,448 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.